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20110701
20110731
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as a public service. >> "washington journal" continues. host: we are back live jon hilsenrath of "the wall street journal." taking a look at this week's economic rebound, that is what the- taking a look at weak economic rebound. here is the headline from "the wall street journal" this morning, "companies bracing for the fall." guest: american companies are operating in a very uncertain environment right now. they have been disappointed by what happened in the first half and have been talking to companies over the last few days. they were expected to have a good pickup in spending in the first half of the year and it did not happen. whether or not they have cut inventories or are deciding whether or not to cut back beyond that, what they do not want is uncertainty, which is what they are getting. host: the chief at the financial times is saying that for his business, small and mid-sized companies are pulling back and are not sure. guest: right. this is largely because of the uncertainty that they face. there is a risk of financial disruption. the faults, downgrades. you never really know h
, the seeming front runner. jon huntsman has made it clear that he will not compete in iowa. he could be a formidable challenger. the question is will that steepen the victory for the people that come out of that state doing well or not? what inevitably happens in iowa is the person who comes out of that race comes out with a lot of momentum. what is important is not just the perception among voters, but the perception among donors. so what you will see is people cashing in on those victories. i think iowa is an important state no matter to compete staircase. how important it will be remains to be seen. host: kathy kiely is the politics managing editor. the numbers to call -- a story in "to "the huffington post" recently -- how does that play out in terms of candidates figuring out their strategy and carrying their message? guest: it plays out because this is one of the controversial aspects of our election system. we use an electoral college system which makes certain states very important, states where the candidates know the battle will be closely fought. other states become flight
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